Cheap Homes for Rent in the Ocean City Neighborhood of Fort Walton Beach, FL from $1,200 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Ocean City area of Fort Walton Beach.

property at 210 Pelham Rd
$1,325 - $1,595
2 Bedroom Rentals
Available Now
Affordability

210 Pelham Rd

Fort Walton BeachFL32547

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property at 416 Bear Rd
$1,550
2 Bedroom Rentals
Available Now
Affordability

416 Bear Rd

Fort Walton BeachFL32547
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Ocean City, Fort Walton Beach, FL Local Guide

Cheapest Available Ocean City Apartments for Rent

 

The cheapest available apartment rental in the Ocean City area of Fort Walton Beach, FL is a 2 Beds unit found at Merrimac Manor Apartments priced from $1,200. MER-Teresa Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,225. Here are the most affordable Ocean City apartments for rent in Fort Walton Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1,225
Falcon HouseA11BR,1BA$1,245
The CoveA11BR,1BA$1,400
Colony HouseHolly1BR,1BA$1,430

Best Value Apartments for Rent in Ocean City, FL

As of September 06, 2026 the best value apartment in the Ocean City area is the $0.92 price per square foot 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments in the in the Sylvania Heights neighborhood starting from $1,200. The second greatest value Ocean City apartment is the B1.1.5THU Model at The Dorian starting at $1,450 with a $1.21 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Ocean City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
The CordeliaB1.1.5T2BR,1.5BA$1.32
Spanish Villa Condominiums2 Beds, 2 Baths2BR,2BA$1.46
Elevate at 604 West2 x 22BR,2BA$1.70
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1.38
229 Troy St NE, Unit #9229 Troy St NE2BR,1BA$1.65
Falcon HouseA11BR,1BA$1.64
Colony HouseGardenia1BR,1BA$2.22

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Ocean City, Fort Walton Beach, FL

Ranked #3

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Ocean City

What type of rentals are currently available in Ocean City?

There are currently 80 Apartments for Rent in Ocean City, FL with pricing that ranges from $927 to $6,068. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean City ranging from $1,200 to $4,700.

What is the current price range for Rental Homes in Ocean City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ocean City ranges from $1,200 to $4,700 with an average monthly rent of $2,152.

How much are larger Three and Four Bedroom Rentals in Ocean City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ocean City range from $1,759 to $2,120, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,525 and Four Bedroom Apartments start at $6,068.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.